Peralta exercised his $4.45 million player option for 2026 on Monday, Sammy Levitt of 97.3 The Fan San Diego reports.
Peralta made 71 appearances out of the Padres' bullpen in 2025, collecting a 3.14 ERA and 63:30 K:BB over 71.2 innings. The veteran reliever will be one of San Diego's key bullpen arms from the left side again in 2026.